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even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the rate for more than 70 years. all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a c
even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the...
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here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything to change the numbers. you just said it in your tweet. >> i want to raise the question of these numbers. >> you do raise the question. >> because these numbers defy logic. they defy logic. >> so susan, more people from your party have latched onto this concept. is it embarrassing? is it true? is it ridiculous? >> it's shocking. when i first saw that tweet i thought he was kidding around. then to see him double down on chris matthews was frankly surprising. and i don't think many serious people take that statement seriously. that being said, it's amazing how much flack he's gett
here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything...
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for jack welch to take this here, it's a cruel political joke. talk about normal for someone like jack welch to be taking to twitter and then dumping down on it in interviews and everything else. >> e.j., as joan just said, he doubled down. he was just on "hardball" and chris matthews gave him every opportunity to, you know, land on earth and he doubled down. let me show you what he said. >> jack, do you want to take back the charge? >> no, i don't want to take back one word in that tweet. >> so you would assert, as of now, 5:00 this afternoon, these chicago guys will do everything? >> i didn't say that they did. i said that they would do anything. >> okay. so first of all, e.j., you have been one of the esteemed journalists in this country. the unemployment figures has nothing to do with those that run the white house or in any way politically are connected with either party. i mean, is that right or wrong? >> no, that's totally right. and that's what's really important about this weird story. we really have obama der rangement syndrome going on
for jack welch to take this here, it's a cruel political joke. talk about normal for someone like jack welch to be taking to twitter and then dumping down on it in interviews and everything else. >> e.j., as joan just said, he doubled down. he was just on "hardball" and chris matthews gave him every opportunity to, you know, land on earth and he doubled down. let me show you what he said. >> jack, do you want to take back the charge? >> no, i don't want to take back...
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welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking the tweet back, i exaggerated, there are problems, that is like asking the governor, how often do you beat your wife? >> i should have had the question mark on the back of it. let's face it, the fact is, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them did have a number below 8.1. >> all right, jack welch there, and the next number is due out in just four days before the election. >>> all right, would you believe that a 220 pound teacher is suing, because he said a 60 pound student beat him up. our
welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking...
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jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is really ludicrous to hear that kind of statement. >> representative allan west is a florida republican and he says he agrees with mr. welch. congressman, good to see you. >> thank you very much. how are you all? >> what do you believe what mr. welch says and not what the secretary of labor says. >> it is not about believing what mr. search says. it is about studying the numbers. we continue to see these inconsistencies and revisions upwards and downwards. work force participation rate still remains at a 30-year low. when you compare this to the u6 computation whic
jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is...
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jack welch out at "fortune." starbucks battles mom and pop store starbarks. your early morning celebrity headlines straight ahead. you're watching "early today." >>> i'm lynn berry. right now a strange story involving a boston man arrested at lax during a stop on a flight home from japan. i.c.e. agents say he was wearing a bullet proof vest, flame retardant pants, and carrying a smoke bomb in his luggage. and that's not all. this is just some of what else they allegedly found in his baggage. believe it or not, agents do not think he is a terrorist. an investigation continues. >>> well, this morning the government will issue a warning that thousands of airbags replaced over the last three years could be dangerous counterfeits. you will be able to learn f your model is at risk. just go to safercars.gov. >>> newly released images show what police hope will be a better view of a 10-year-old colorado girl missing since friday. jessica ridgeway was last seen walking to school with her classmates. right there you can see vigils were held for her last night. >>> well
jack welch out at "fortune." starbucks battles mom and pop store starbarks. your early morning celebrity headlines straight ahead. you're watching "early today." >>> i'm lynn berry. right now a strange story involving a boston man arrested at lax during a stop on a flight home from japan. i.c.e. agents say he was wearing a bullet proof vest, flame retardant pants, and carrying a smoke bomb in his luggage. and that's not all. this is just some of what else they...
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you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. >> yes. >> not one of them had a number below 8.1. >>> tomorrow, three suspected terrorists are expected to make their first court appearance in new york. they were extradited from britain overnight after a legal battle that lasted more than ten years. one suspect has a hook for a hand and has called osama bin laden a hero. the radical cler iic is wanted r several crimes commit against the united nations the
you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at...
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. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract work, so that's why sometimes thercran bwe no, they're noin t bt of bls cooking the books for some political reason. i would bring this one point, suzanne, if they were, wouldn't they have done that after the president gave his speech in charlotte? instead he gave a speech in charlotte, and it was a bad report the
. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people...
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jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the numbers are too high or too low and the next set of numbers are revised. they start, the surveys, they come closer to together. there were oddities in the survey. but there are often oddities in the surveys. but this time we are only a month away from the election. >>trace: you look at the numbers, 114,000 jobs added. that is anemic compared to the big picture. but all day you see the big number flash on the screen, 7.8 percent unemployment. if you are in the president's camp, that looks good. >>guest: whether that is legitimate or not he will get the benefit of it for the next month because
jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the...
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the public, because of people like jack welch, who did all th i that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards thererying to hold them of >>est: it isu d s vea ey ga ao of an insight into how that is done and he did it, i think he did it in great way to be honest. a lost my journalist friends think he did it in an intful way. yoouaeheni dn' a gr a she unemployment rate drop the way it did so he questioned that. ing he said because there is so much "squish" in the numbers and room to guesstimate where it is, do notayen. unoy.t r iyers dendg ustth real unemployment is much higher. >>neil: so when the administration afghanistans -- administration argues that the trend is t friend-. opte t ihe people that is dropped, unemployed and thos who is dropped out of the workforce brings the rate up to 15 percent. that rate, the official nr, itango dnen me pe ofek first so that is the squish in the numbersnd that is what jack welch showed us. it is difficult for am obama to defend this. the real numbers are really bad. you
the public, because of people like jack welch, who did all th i that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards thererying to hold them of >>est: it isu d s vea ey ga ao of an insight into how that is done and he did it, i think he did it in great way to be honest. a lost my journalist friends think he did it in an intful way. yoouaeheni dn' a gr a she unemployment rate drop the way it did so he questioned...
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et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. >> let's be clear. when people were really most upset about is jack welch directly saying that somehow the obama campaign twisted the numbers. >> right. and, look, you can talk about how debt are collected, you can talk about statistically anomalies, about the fact that the recovery has been subpar. that's what jack welch is saying he's right about, the recovery has been supposed par. everyone was having that real conversation. but to say that someone directly changed the numbers because
et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs...
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and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one (vo) what is said here could decide the election. current tv presents coverage of the vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >> so keep on tweeting and maybe you'll have your voice be part of this democracy and see your tweets up on our screen. >>now that's politically direct. tell them it's like being nestled in an eight-way, adjustable, heated and ventilated seat surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ [ dennis' voice ] i bet he's got an allstate agent. they can save you up to 30% more by bundling your policies. well his dog's stupid. [ dennis' voice ] poodles are one of the
and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one (vo) what is said here could decide the election. current tv presents coverage of the vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like...
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do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8% unemployment the lowest since president obama was inaugurated, correct? >> well, let's take a look at those numbers and take a little deeper look and say, for those who are not looking for a job any longer, they're not in the work place. they're not in the work participation. if you were to add those to those numbers, we'd have about 11% unemployment. look, one month of these numbers -- >> that includes people who are retired, correct? >> but let's look at those numbers a little closer again, we're looking at 43 state months of unemployment above 8%.
do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8%...
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and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one word in that tweet. vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >> so keep on tweeting and maybe you'll have your voice be part of this democracy and see your tweets up on our screen. >>now that's politically direct. ♪ ♪ ♪ ♪ nah, he's probably got... [ dennis' voice ] allstate. they can bundle all your policies together. lot of paperwork. actually... [ dennis' voice ] an allstate agent can help do the switching and paperwork for you. well, it probably costs a lot. [ dennis' voice ] allstate can save you up to 30% more when you bundle. well, his dog's stupid. [ dennis' voice ] poodles are one of the world's smartest breeds. ♪ ♪ bundle and save with an allstate agent. are you in
and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one word in that tweet. vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >> so keep on tweeting and maybe you'll have your voice...
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but the former ceo of general electric jack welch tweeted this. "unbelievable job numbers. these chicago guys will do anything, can't debate, so change numbers." the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at a its lowest level since i took office. >> friday's jobs report shows that america still desperately needs jobs. yet the president's central and so sole proposal means fewer jobs. >> finally start doing something to acatually help the middle class get ahead. >> we can't afford four more years like the last four. falling incomes, rising prices, 23 million americans struggling for work. >> congress needs to step up and pass my plan to create a veterans job corps to help our returning heroes find work as firefighters, cops. a few weeks ago republicans in the senate voted that plan down. ask them why someone who fights for this country abroad should have to fight for a job when they come home. >> i understand that the president must campaign. but he also has a job to do. while barack obama enjoys being president, h
but the former ceo of general electric jack welch tweeted this. "unbelievable job numbers. these chicago guys will do anything, can't debate, so change numbers." the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at a its lowest level since i took office. >> friday's jobs report shows that america still desperately needs jobs. yet the president's central and so sole proposal means fewer jobs. >> finally start doing...
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the public, because of people like jack welch, who did us all a favor, the way he put it out there, i can tell you that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards there trying to hold them off. >>guest: it is a survey. and it is a very weak survey. he gave us all sort of an insight into how that is done and he did it, i think he did it in a great way to be honest. a lost my journalist friends think he did it in an inartful way. >>neil: he said it doesn't add you, you cannot have phenomenal job growth and see the unemployment rate drop the way it did so he questioned that. ing he said because there is so much "squish" in the numbers and room to guesstimate where it is, do not pay attention. pay attention to the real unemployment. that is why americans are not understanding it. they understand the real unemployment is much higher. >>neil: so when the administration afghanistans -- administration argues that the trend is the friend --. >>guest: the trend is the opposite. people that is dropped, unemployed and thos
the public, because of people like jack welch, who did us all a favor, the way he put it out there, i can tell you that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards there trying to hold them off. >>guest: it is a survey. and it is a very weak survey. he gave us all sort of an insight into how that is done and he did it, i think he did it in a great way to be honest. a lost my journalist friends think he did it...
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we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commission for repairs. what's behind this explanation and does it all add up? william mcghee is the author of attention all passenger, the airline's dangerous decent and how to reclaim our skies. do you buy this? >> no. i think most people feel that the gunk is bunk. >> that al
we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody...
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ceo jack welch. unbelievable job numbers. they can't debate so they change the numbers. he appeared earlier today on "your world." >> these numbers don't smell right when you think about where the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took office. >> sean: jack welch is not the only one tawing of this timely development. listen to what business insider said on fox business new york this morning. >> i feel like i am watching a movie, a suspense movie. because there is no way in the world these numbers are accurate. and somebody needs to dig real deep into this. how in the world, miraculously, we have the best flz 30 years, right before the election? somebody needs to do an investigation, like they are doing an investigation in libbia. they need to investigate the numbers because there is no way in the world these numbers are accurate
ceo jack welch. unbelievable job numbers. they can't debate so they change the numbers. he appeared earlier today on "your world." >> these numbers don't smell right when you think about where the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took...
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so jack welch just can't let it go. said he was right about the strange jobs report. >> if you say so, sir. >>> in just a few hours the supreme court justices are going to begin hearing arguments concerning affirmative action in college admissions. abigail fisher claims the university of texas rejected her because she's white. let's talk to somebody who knows a lot about this firsthand. president of columbia university, president of university of michigan between 1996-2002, during which time he served as defendant in two supreme court case on affirmative action. thank you for talking with us. >> thank you for having me. >> when that case ended back in 2003, the sense was, maybe we'll need to discuss this for another 25 years. so here we are nine years later. affirmative action before the supreme court. what has changed that this is now before the supreme court again? >> well, i don't think anything has changed. i think the gruder decision which was in 2003 as you mentioned, really for the first time set down the princip
so jack welch just can't let it go. said he was right about the strange jobs report. >> if you say so, sir. >>> in just a few hours the supreme court justices are going to begin hearing arguments concerning affirmative action in college admissions. abigail fisher claims the university of texas rejected her because she's white. let's talk to somebody who knows a lot about this firsthand. president of columbia university, president of university of michigan between 1996-2002,...
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but i thought it was surprising that jack welch. think before you tweet. >> greta: yes, indeet deed. he is getting a lot of heat for that. >> i think it's a mixed message. the unemployment number is driven by the household survey, which is very volatile. september typically scr is the most volatile month. what i look at is the establishment survey, which is important because that is done with actual business scpoarns they are surveyed on a regular basis in terms of jobs they are creating. and the 114,000 jobs that were created this last month is very anemic, barely enough to keep up with population growth. so you couple the anemic job growth and the reset from gdp and revisited it to 1.2% growth last quarter. the fed is printing mon weqe3 and europe is imploding right now. we are looking at at an environment with a total void of leader help in washington. we are still in rough waters right now. >> greta: you know, i suspect as much as we wait around for the numbers every month and pay attention to them. i have a track here, which --
but i thought it was surprising that jack welch. think before you tweet. >> greta: yes, indeet deed. he is getting a lot of heat for that. >> i think it's a mixed message. the unemployment number is driven by the household survey, which is very volatile. september typically scr is the most volatile month. what i look at is the establishment survey, which is important because that is done with actual business scpoarns they are surveyed on a regular basis in terms of jobs they are...
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. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad to make the argument. >> do you think that either of these things, in the last 24 hours, barack obama's very lackluster, surprisingly poor debate performance, or these job numbers today, do either of them constitute in any form a kind of game change moment? >> i think the debate certainly does. americans watched those debates that may not watch the next two, that saw a mitt romney that was a direct contradiction to the hundreds of millions of dollars worth of attack ads, especially in swing states, that the obama campaign has spent painting mitt romney as some kind of insen
. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad...
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Oct 8, 2012
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>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very, very high, but those people are still looking. >> the u-6 number for those cognizant. >> coming up -- >> you're right. republicans are in the dumps. you're right. >> no, they're trying to pretend the numbers that they depend on when they're good in their camp. >> you can't have it all. >> are skewed. >> i don't know. if it continues this way, i think republicans can have it all. >> they're not. not going to have it all. >> coming up -- i'm so excited for what's happening later in the show. we're going to talk to chicago mayor rahm
>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very,...
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Oct 10, 2012
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. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and could these shoes be coming to a shoe store near you some us ladies hope not. the so-called scary beautiful heels are backwards so it makes the feet point straight down like a ballerina. the designer says the shoes are a commentary on today's impossible standards of beauty. and apparently impossible to walk in. >>> san francisco stays alive, a bountygate update, and the space jump will have to wait. plus the athletics steal game three from the tigers. that's all coming up in sports. you're watching "first look" on msnbc. yeah. yeah. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is
. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and...
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Oct 9, 2012
10/12
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. >> i'm going to go with jack welch on this one. >> how convenient that the rate drops below 8% for the first time in 43 months, five weeks before an election. >> right back to where it was january 2009. >> folks? this is more than a quinhe coul incidence. >> what would explain why after unemployment has been steadily declining for the last year that now suddenly right before the election it declines a little more. please! i think we know what's going on here. >> what are people insinuating here? that the books are cooked? >> a lot of people are saying that government is cooking the books here. >> these guys are saying they feel like they cooked the books. >> look, i got to say if you're cooking the books, 7.8% unemployment, get the. [ beep ] recipe. if you're cooking, make something nice for people. hey, unemployment's 2.6%. everybody, we're going to eat! >> ever since mitt romney called out big bird by name at last week's presidential debate, president obama's campaign has been having a lot of fun with it. at a san francisco fund-raiser last night, president obama himself once aga
. >> i'm going to go with jack welch on this one. >> how convenient that the rate drops below 8% for the first time in 43 months, five weeks before an election. >> right back to where it was january 2009. >> folks? this is more than a quinhe coul incidence. >> what would explain why after unemployment has been steadily declining for the last year that now suddenly right before the election it declines a little more. please! i think we know what's going on here....
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Oct 6, 2012
10/12
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. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against givi
. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >>...